Local Bounti (NYSE:LOCL) Stock Price Down 5.7% – Here’s What Happened

Local Bounti Co. (NYSE:LOCLGet Free Report)’s stock price fell 5.7% on Monday . The stock traded as low as $1.97 and last traded at $1.98. 8,302 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 14,786 shares. The stock had previously closed at $2.10.

Local Bounti Stock Up 1.0 %

The stock has a market cap of $17.66 million, a P/E ratio of -0.11 and a beta of 2.22. The stock has a fifty day simple moving average of $1.94 and a 200-day simple moving average of $2.39.

Local Bounti Company Profile

(Get Free Report)

Local Bounti Corporation grows and packs fresh greens in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.

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